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Browsing: agro-processing
- AfDB grant aims to enhance Burundi’s productivity by four to five times and bolster agro-processing for increased domestic and export food availability.
- It also promises significant economic diversification, creating jobs, improving food security and nutrition, and strengthening regional trade.
- This investment can help safeguard the livelihoods of countless farmers against the increasing unpredictability of weather patterns due to climate change.
The African Development Bank (AfDB) has announced $80 million grant to bolster Burundi’s agricultural sector and transform the nation’s agricultural industry.
AfDB’s Director General for East Africa, Nnenna Nwabufo, revealed this financial pledge after meeting with Burundian Prime Minister Gervais Ndirakobuca in Bujumbura. This funding is poised to multiply the sector’s productivity by four to five times, with a keen focus on enhancing agro-processing capabilities to not only increase the availability of food within Burundi but also boost its export potential.
The collaboration between the AfDB and the Burundian government …